Turkish lira hits all time low

The FINANCIAL — Turkish lira dropped to record low against dollar as state bank interventions could not reassure investors. The last lowest point was hit in May. Meanwhile, heavy interventions late last week drained the supply of local currency, government-owned lenders flooded the market with foreign exchange, selling at…

5 mins read

Gold price hit record high since 2011

Gold hit its highest price for the first time in 9 years. After a 18% surge in 2019, gold prices have moved sharply higher this year. The positive trend in the gold spot prices is chiefly due to the escalation in the geopolitical…

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DOLLAR CONTINUES TO EXHIBIT STRENGTH

The FINANCIAL -- The US dollar has gained in strength this week on safe haven appeal, amid rising worries about global growth and uncertainty about a US-China trade deal ahead of the March 1 deadline.…

2 mins read